NOT LISTED FOR SALE

Estimated Value: $2,224,094 - $2,624,000

2 Beds
2 Baths
1,425 Sq Ft
$467/mo HOA Fee

Last Sold October 18, 2019

Last sale price $1,495,000 $1,049 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $14,367/month

3 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Contemporary Architecture
  • Active Adult
  • Clubhouse
  • 1-minute walk to Buck Gully Trailhead

About This Home

As of October 2019

This rarely available, ground level, corner unit remodeled two bedroom two bath home is ideally located within The Terraces of Corona del Mar, an upscale 55+ Community (one owner must be at least 55 years of age). This property has had a complete remodel featuring wood flooring, new appliances, marble counters, beautiful tile and new landscape. The living room features a fireplace, recessed lighting and offers a light and bright beach retreat. Entertain your guests from a kitchen with marble counters & backsplash with viking six burner range, custom built in refrigerator and glass cabinetry. Relax and enjoy the outdoor ambiance from a partially covered patio complete with Flagstone pavers, newly remodeled & mature landscaping and a peaceful water fountain. Other features include an oversized master bathroom featuring Double shower and double vanity with walk in closet. This home offers the ultimate Corona del Mar experience with a recently remodeled clubhouse, pool, spa with views overlooking Wolden’s Valley and ocean vistas. Its close proximity to CDM village shopping, restaurants, farmer’s market, beaches and the Oasis senior center make this home one to desire

Last Agent to Sell the Property

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768 Listed on: 09/19/2019

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Last Buyer's Agent

Michelle Orlik

Coldwell Banker Realty License #02071767

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,181

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • Front Yard Sprinklers
  • Lawn
  • Garden

HOA Fees

  • $467 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 1,425 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Home Security System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Kitchen Island
  • Stone Countertops
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 11949
  • Assessor Parcel Number 93461152

Community Details

Overview

  • Active Adult
  • 100 Units
  • The Terraces Association, Phone Number (714) 779-1300
  • Cardinal HOA

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,181

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$467 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Terraces (TCDM)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93461152
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1425.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting, Stone Counters
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1049.12
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Private, Association
  • Bathroom Features: Shower, Remodeled, Upgraded
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Clubhouse, Pet Rules, Pets Permitted
  • Association Fee: 467.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 714-779-1300
  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
  • Association Management: Cardinal

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Lawn, Level with Street, Park Nearby, Sprinklers In Front

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.42
  • Tax Lot: 4
  • Tax Tract Number: 11949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Levy Howard Benson and Levy Karin Golt
Bought by
Levy Howard Benson and Levy Karin Golt
Current Estimated Value
$2,351,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 18, 2019
Sold by
Levy Howard Benson and Levy Karin Golt
Bought by
Levy Howard Benson and Levy Karin Golt
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Michelle Orlik
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$700,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2019
Closed on
Sep 26, 2019
Sold by
Harrington Robert and Harrington Nena L
Bought by
Levy Howard Benson and Levy Karin Golt
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Michelle Orlik
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2018
Closed on
Apr 17, 2018
Sold by
Sanchez Robert H and Sanchez Sandra W
Bought by
Harrington Robert and Harrington Nena L
Seller's Agent
Dodie Gilbert
Dodie Gilbert, Broker
Buyer's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Dec 4, 2009
Sold by
Reed Nicholas R and Reed Gena H
Bought by
Sanchez Robert H and Sanchez Sandra W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2001
Sold by
Suckiel M Michelle and Suckiel Walter J
Bought by
Reed Nicholas R and Reed Gena H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.84%

Purchase Details

Closed on
Oct 1, 1999
Sold by
Suckiel Walter J
Bought by
Suckiel Walter J and Michelle Suckiel M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Levy Howard Benson -- Amrock Inc
Levy Howard Benson -- Amrock Inc
Levy Howard Benson -- Chicago Title Company
Levy Howard Benson $1,495,000 Chicago Title Company
Harrington Robert $1,275,000 Chicago Title Co
Sanchez Robert H $769,000 Ticor Title Orange Branch
Reed Nicholas R $525,000 First American Title Co
Suckiel Walter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levy Howard Benson $706,500
Previous Owner Levy Howard Benson $700,000
Previous Owner Sanchez Robert H $200,000
Previous Owner Reed Nicholas R $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2019 10/18/19 Sold $1,495,000 0.0% $1,049 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $1,495,000 +17.3% $1,049 / Sq Ft
05/07/2018 05/07/18 Sold $1,275,000 -1.9% $895 / Sq Ft View Prior Sale
04/14/2018 04/14/18 For Sale $1,300,000 -- $912 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,181 $1,634,998 $1,484,029 $150,969
2024 $17,181 $1,602,940 $1,454,931 $148,009
2023 $16,776 $1,571,510 $1,426,403 $145,107
2022 $16,495 $1,540,697 $1,398,435 $142,262
2021 $16,179 $1,510,488 $1,371,015 $139,473
2020 $16,022 $1,495,000 $1,356,957 $138,043
2019 $14,028 $1,300,500 $1,165,527 $134,973
2018 $9,519 $872,397 $730,859 $141,538
2017 $9,352 $855,292 $716,529 $138,763
2016 $9,144 $838,522 $702,479 $136,043
2015 $9,057 $825,927 $691,927 $134,000
2014 $8,844 $809,749 $678,373 $131,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19223417

California Regional Multiple Listing Service (CRMLS)

APN: 934-611-52